Optimal Ninja Snap Bars

Optimal Ninja Snap Bars

Optimal Ninja Snap ES Bars are specifically-built for 12-tick ES/MES scalping.

Although similar to renko bars, in that use they use a fixed open-close bar size, there's a crucial difference.

Rather than building from the opening price of each session, Optimal Ninja Snap ES Bars auto-align themselves with chart grid lines -so that the bars close at exactly the same levels across your chart.

No matter how many sessions you have charted, the bars will always close either exactly on fixed grid lines, or exactly half-way between them.

This modular approach has three distinct advantages when building scalping strategies:

1. Each bar now has a binary on-off condition attached -it either closed on a grid-line or it did not.

2. We can easily store and compare orderflow metrics at identical closing prices across multiple sessions.

3. Profit targets can be more-easily defined -the initial profit target is simply the next grid line.

During our strategy-modelling we tested all feasible Snap bar sizes and grid-line combinations. The clear winner was a bar size of 12 ticks and a grid-line increment of 24 ticks.

NinjaTrader indicator properties box for Optimal Filter showing user inputs

Above is a chart of Optimal Ninja Snap ES Bars without indicators. Price-action patterns such as trading ranges, breakouts, failed breakouts and reversals become much simpler to spot with Snap bars.

These 12-tick bars form the basis of Optimal Ninja Quartz and are the perfect balance between trade-frequency, execution and noise filtering.

For more information about Optimal Ninja Snap ES Bars please see our FAQ.

Available now as part of Optimal Ninja Quartz

Optimal Ninja Snap ES Bars are specifically-built for 12-tick ES/MES scalping.

Although similar to renko bars, in that use they use a fixed open-close bar size, there's a crucial difference.

Rather than building from the opening price of each session, Optimal Ninja Snap ES Bars auto-align themselves with chart grid lines -so that the bars close at exactly the same levels across your chart.

No matter how many sessions you have charted, the bars will always close either exactly on fixed grid lines, or exactly half-way between them.

This modular approach has three distinct advantages when building scalping strategies:

1. Each bar now has a binary on-off condition attached -it either closed on a grid-line or it did not.

2. We can easily store and compare orderflow metrics at identical closing prices across multiple sessions.

3. Profit targets can be more-easily defined -the initial profit target is simply the next grid line.

During our strategy-modelling we tested all feasible Snap bar sizes and grid-line combinations. The clear winner was a bar size of 12 ticks and a grid-line increment of 24 ticks.

NinjaTrader indicator properties box for Optimal Filter showing user inputs

Above is a chart of Optimal Ninja Snap ES Bars without indicators. Price-action patterns such as trading ranges, breakouts, failed breakouts and reversals become much simpler to spot with Snap bars.

These 12-tick bars form the basis of Optimal Ninja Quartz and are the perfect balance between trade-frequency, execution and noise filtering.

Available now as part of Optimal Ninja Quartz

Optima Ninja Snap ES Bars

Optimal Ninja Snap ES Bars are specifically built for 12-tick ES/MES scalping.

Although similar to renko bars, in that use they use a fixed open-close bar size, there's a crucial difference.

Rather than building from the opening price of each session, Optimal Ninja Snap ES Bars auto-align themselves with chart grid lines -so that the bars close at exactly the same levels across your chart.

No matter how many sessions you have charted, the bars will always close either exactly on fixed grid lines, or exactly half-way between them.

This modular approach has three distinct advantages when building scalping strategies:

1. Each bar now has a binary on-off condition attached -it either closed on a grid-line or it did not.

2. We can easily store and compare orderflow metrics at identical closing prices across multiple sessions.

3. Profit targets can be more-easily defined -the initial profit target is simply the next grid line.

During our strategy-modelling we tested all feasible Snap bar sizes and grid-line combinations. The clear winner was a bar size of 12 ticks and a grid-line increment of 24 ticks.

NinjaTrader indicator properties box for Optimal Filter showing user inputs

Above is a chart of Optimal Ninja Snap ES Bars without indicators. Price-action patterns such as trading ranges, breakouts, failed breakouts and reversals become much simpler to spot with Snap bars.

These 12-tick bars form the basis of Optimal Ninja Quartz and are the perfect balance between trade-frequency, execution and noise filtering.

For more information please see our FAQ.

Available now as part of

Optimal Ninja Quartz

Risk Disclosure –Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results.

Trademarked Materials – “NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.”

Testimonials – Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

Risk Disclosure –Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results.

Trademarked Materials – “NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.”

Testimonials – Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

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